Tag: Simulation

Analytics | Customer Intelligence | Learn SAS | Students & Educators
Alex Coop 0
Hooked on data science: gamification drives engagement among students and trainees

While studying business intelligence as an undergraduate student at business school HEC Montreal, Camille Duchesne encountered Cortex, an analytics simulation that pits participants against each other to develop the most accurate models for a particular task. In this case, the simulation supports a fictional charity by predicting which subjects from

Programming Tips
Ron Cody 0
Creating Simulated Data Sets

There are times when it is useful to simulate data. One of the reasons I use simulated data sets is to demonstrate statistical techniques such as multiple or logistic regression. By using SAS random functions and some DATA step logic, you can create variables that follow certain distributions or are

Programming Tips
Rick Wicklin 0
The probability integral transform

This article uses simulation to demonstrate the fact that any continuous distribution can be transformed into the uniform distribution on (0,1). The function that performs this transformation is a familiar one: it is the cumulative distribution function (CDF). A continuous CDF is defined as an integral, so the transformation is

Analytics | Programming Tips
Rick Wicklin 0
Simulate correlated variables by using the Iman-Conover transformation

Simulating univariate data is relatively easy. Simulating multivariate data is much harder. The main difficulty is to generate variables that have given univariate distributions but also are correlated with each other according to a specified correlation matrix. However, Iman and Conover (1982, "A distribution-free approach to inducing rank correlation among

Rick Wicklin 0
The sample skewness is a biased statistic

The skewness of a distribution indicates whether a distribution is symmetric or not. The Wikipedia article about skewness discusses two common definitions for the sample skewness, including the definition used by SAS. In the middle of the article, you will discover the following sentence: In general, the [estimators] are both

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